The Financial Services Authority's probe into the annuity market is long overdue and could be a welcome addition to the drive to ‘reinvigorate workplace pensions'.
Although the desire to get creative and reinvent pensions is laudable and will hopefully improve the industry in the long term, sorting out the annuity market should be a quick fix. Research published...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.